On February 21, Encrypted KOL Finish posted that according to on-chain data, a multi-signature address from Bybit transfers $1.5 billion worth of ETH to a new address. The funds arrive at the new address 0x47666fab8bd0ac7003bce3f5c3585383f09486e2 and then transferred to 0xa4b2fd68593b6f34e51cb9edb66e71c1b4ab449e, 0xa4 is currently selling stETH and mETH in exchange for ETH. "The address is currently using 4 different DEXs, and if they just swap the LSD for native ETH, the transaction execution will be bad (large wear). This scale is usually done through OTC, so it's unusual ."
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